10 Plantation Park DrBluffton, SC 29910

Property Details for 10 Plantation Park Dr

Year built

1999

Lot size

1.87 AC

Property size (Sq ft)

11,844 SF

Zone code

6616

Property type

Office properties

Property subtype

Office buildings

APN

R610 031 000 0150 0000

APU

R61003100001500000

Description

This exceptional 11,844 square foot Class B office building, situated on a 1.87-acre lot at 10 Plantation Park Drive in Bluffton, South Carolina, presents a compelling investment opportunity. Constructed in 1999, this two-story building boasts a prime location in the heart of Bluffton, offering easy access to the vibrant local economy and the renowned tourism hub of Hilton Head Island. Currently occupied by a diverse tenant mix including K Hovnanian Home Builders, Southern Smiles Dentistry, Optimal Hearing, and Island Time Jewelers, this property provides a stable income stream and strong potential for future growth. The building's strategic placement within a cluster of successful businesses and medical offices fosters networking and collaboration opportunities. The property's APN is R610-031-000-0150-0000 and its zip code is 29910. This well-maintained asset offers a rare chance to acquire a significant commercial property in a high-demand area of South Carolina. The asking price is $2,500,000. This is a turnkey investment ready for immediate income generation. The property's location in Beaufort County provides access to a strong and growing market. The building's size and layout are ideal for a variety of uses, making it a versatile and attractive investment.

• CAP approach

  CAP return

  Valuation

  6%

  $2,454,242

  6.5%

  $2,265,454

  7%

  $2,103,636

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,058,846

  Geo Method

  $805,510

• Alternative Use

  Use

  Valuation

  Residential

  $2,809,162

  Hospitality

  $2,573,178

  Educational

  $2,140,854

  Medical

  $2,214,481

  Retail

  $3,330,217

Location Insight

City

Bluffton

County

Beaufort

State

South Carolina

Latitude

32.2704

Longitude

-80.8655

CBSA code

25940

CBSA name

HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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